Banking & Finance

Banking and finance law, by its very nature, is a wide field encompassing all types of property and commercial arrangements. Pitfalls and problems to trap the unwary abound. Let the team at Jones Fee help make sure that all goes 'according to plan'.

We are well versed in the intricacies of the law in this area, as well as being on top of the day-to-day practicalities of security enforcement.

We regularly are involved in:

• Debt recovery litigation
• Mortgagee sales
• Enforcing guarantees
• Obtaining and taking physical possession of properties
• Issuing summary judgement proceedings for shortfalls following mortgagee sales
• Seeking specific performance of sale agreements in the High Court

Insolvency Act 2006

The introduction of the Insolvency Act 2006 incorporates new regimes to insolvency procedure and the enforcement of creditors' remedies in New Zealand. We can provide a range of advice for you in this developing area.

Compliance issues

In recent years we have advised on compliance issues relating to lending and mortgage documents, including compliance under the Credit Contracts and Consumer Finance Act 2003 and the Personal Property Securities Act 1999. Our advice and recommendations for change are often a direct result of contentious issues that have arisen during a recovery process that we have undertaken for a financier.